Havyard Group Taps Larsen as CEO

Norwegian offshore and fishing vessel builder Havyard Group said
Gunnar Larsen will serve as interim CEO until the group finds a
replacement for retiring chief executive Geir Johan Bakke.

Bakke has been employed in Havyard Group since 2001, and he has
been CEO since 2004.

Larsen, who comes from the position of General Manager of the
Havyard Production & Service business area, is Senior Vice
President of Market & Business Development in Havyard Group
and has been with Havyard for 12 years.

He will immediately begin recruiting a permanent CEO, the company
said.

In November, Havyard Group announced that its board appointed
Erlend Hatleberg to replace departing general manager Lasse
Stokkeland, and Stig Breidvik was appointed production manager.